Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies

A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and that they could benefit from demand for high-growth stocks.Paul Abrahimzadeh, co-head of equity capital markets for North America at Citigroup, said last week that investors see high-growth stocks like those of the tech companies as being more resistant to economic slowdowns and more likely to benefit from lower interest rates, Bloomberg reported Tuesday (Sept ...